v3.25.1
BASIS OF PRESENTATION (Tables)
3 Months Ended
Mar. 31, 2025
BASIS OF PRESENTATION  
Schedule of consolidated statement of cash flows

As of

(In millions)

March 31, 2025

December 31, 2024

Cash and cash equivalents

$

378.7

$

632.3

Restricted cash

49.0

48.5

Total cash and cash equivalents and restricted cash in the statement of cash flows

$

427.7

$

680.8

Schedule of change in accumulated other comprehensive income (loss)

Foreign

(In millions)

    

Currency

    

Pension Benefits

    

Total

Balance December 31, 2024

$

(133.3)

$

1.3

$

(132.0)

Other comprehensive income

52.7

52.7

Balance March 31, 2025

$

(80.6)

$

1.3

$

(79.3)

Schedule components of other income

Three Months Ended

(In millions)

March 31, 2025

March 31, 2024

Foreign currency transaction (gains) losses

$

(13.0)

$

3.2

Governmental assistance - International markets

(0.2)

Non-operating components of net periodic benefit cost

0.3

0.7

Gain on extinguishment - Second Lien Notes due 2026

(5.8)

Derivative liability fair value decrease for embedded conversion feature in the Exchangeable Notes due 2030

(45.1)

Equity in earnings of non-consolidated entities

(0.8)

(3.7)

Vendor dispute settlement

(36.2)

Other settlement proceeds

(1.0)

Total other income

$

(58.8)

$

(42.8)